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Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates. Of course, the reality is that China’s marked shift towards pro-blockchain policies is part of a much … Read more
In the wake of China’s recent decision to push blockchain adoption across its borders, industry experts speak out Go to Source Powered by WPeMatico
Guangzhou government announces $140 million subsidy fund to encourage the development of blockchain initiatives Go to Source Powered by WPeMatico
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters. Also read: 4 New High-Powered … Read more
Despite slow progress, analysts such as Omar Bham are bullish about Bakkt’s impact on the industry: “BAKKT will continue to become an institutional household name” Go to Source Powered by WPeMatico
The U.K. is starting to lose its position as a fintech leader, and the proposed crypto ban will make it worse. Will the FCA save this from happening? Go to Source Powered by WPeMatico
Don’t equate blockchain with crypto support, China hints Go to Source Powered by WPeMatico
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development has continued to evaluate and rank crypto projects, and the central bank is … Read more
Crypto mining giant Canaan has filed for an initial public offering with the U.S SEC to raise $400 million Go to Source Powered by WPeMatico
Huang Qifan of the China Center for International Economic Exchanges said that China will be the leader in forming a national digital currency Go to Source Powered by WPeMatico